United Fire Group (UFCS) Stock Forecast, Price Target & Predictions

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UFCS Stock Forecast

United Fire Group stock forecast is as follows: an average price target of $26.00 (represents a -5.21% downside from UFCS’s last price of $27.43) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.

UFCS Price Target

The average price target for United Fire Group (UFCS) is $26.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $26.00. This represents a potential -5.21% downside from UFCS's last price of $27.43.

UFCS Analyst Ratings

Hold

According to 1 Wall Street analysts, United Fire Group's rating consensus is 'Hold'. The analyst rating breakdown for UFCS stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

United Fire Group Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 18, 2024	Paul Newsome	Piper Sandler	$26.00	$18.93	37.35%	-5.21%
Oct 27, 2022	Paul Newsome	Piper Sandler	$31.00	$31.75	-2.36%	13.01%

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The latest United Fire Group stock forecast, released on Nov 18, 2024 by Paul Newsome from Piper Sandler, set a price target of $26.00, which represents a 37.35% increase from the stock price at the time of the forecast ($18.93), and a -5.21% decrease from UFCS last price ($27.43).

United Fire Group Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	1
Avg Price Target	$26.00	$26.00	$26.00
Last Closing Price	$27.43	$27.43	$27.43
Upside/Downside	-5.21%	-5.21%	-5.21%

In the current month, the average price target of United Fire Group stock is $26.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -5.21% decrease as opposed to United Fire Group's last price of $27.43. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 18, 2024	Piper Sandler	Neutral	Neutral	Upgrade
Oct 29, 2022	Piper Sandler	Overweight	Neutral	Downgrade
Aug 05, 2022	Piper Sandler	-	Overweight	Upgrade

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United Fire Group's last stock rating was published by Piper Sandler on Nov 18, 2024. The company gave UFCS a "Neutral" rating, the same as its previous rate.

United Fire Group Financial Forecast

United Fire Group Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	$287.32M	$273.95M	$267.09M	$267.10M	$280.16M	$235.57M	$219.54M	$245.01M	$262.80M	$248.54M	$244.41M	$300.74M	$320.53M	$282.12M	$297.80M	$177.81M	$292.26M	$298.06M	$304.20M	$305.54M	$250.79M	$283.06M
Avg Forecast	$324.20M	$317.40M	$310.00M	$301.90M	$294.80M	$288.60M	$284.30M	$266.70M	$263.70M	$263.60M	$254.10M	$246.10M	$242.60M	$237.40M	$237.23M	$269.59M	$276.42M	$269.94M	$272.44M	$264.34M	$267.00M	$285.76M	$280.94M	$263.77M	$276.70M	$274.60M	$272.70M	$266.70M	$203.52M	$236.40M
High Forecast	$324.20M	$317.40M	$310.00M	$301.90M	$294.80M	$288.60M	$284.30M	$266.70M	$263.70M	$263.60M	$254.10M	$246.10M	$242.60M	$237.40M	$237.23M	$269.59M	$276.42M	$269.94M	$272.44M	$264.34M	$267.00M	$285.76M	$280.94M	$263.77M	$276.70M	$274.60M	$272.70M	$266.70M	$244.22M	$283.68M
Low Forecast	$324.20M	$317.40M	$310.00M	$301.90M	$294.80M	$288.60M	$284.30M	$266.70M	$263.70M	$263.60M	$254.10M	$246.10M	$242.60M	$237.40M	$237.23M	$269.59M	$276.42M	$269.94M	$272.44M	$264.34M	$267.00M	$285.76M	$280.94M	$263.77M	$276.70M	$274.60M	$272.70M	$266.70M	$162.81M	$189.12M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
Surprise %	-	-	-	-	-	-	-	-	1.09%	1.04%	1.05%	1.09%	1.15%	0.99%	0.93%	0.91%	0.95%	0.92%	0.90%	1.14%	1.20%	0.99%	1.06%	0.67%	1.06%	1.09%	1.12%	1.15%	1.23%	1.20%

United Fire Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $266.70M, with a low forecast of $266.70M, and a high forecast of $266.70M. UFCS's average Quarter revenue forecast represents a -7.18% decrease compared to the company's last Quarter revenue of $287.32M (Dec 23).

United Fire Group EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
EBITDA	-	-	-	-	-	-	-	-	-	$8.38M	$-72.23M	$3.44M	$23.03M	$-25.76M	$-11.52M	$37.19M	$74.77M	$-11.92M	$19.41M	$24.33M	$-11.88M	$-53.54M	$5.92M	$-103.36M	$-21.74M	$-2.91M	$-3.12M	$55.84M	$48.13M	$26.25M
Avg Forecast	$-1.89M	$-1.85M	$-1.81M	$-1.76M	$-1.72M	$-1.69M	$-1.66M	$45.37M	$-1.54M	$-1.54M	$-1.48M	$35.87M	$231.05M	$-242.69K	$-242.51K	$28.35M	$-282.58K	$-275.95K	$-278.50K	$32.85M	$-272.94K	$-292.12K	$-287.20K	$-156.98M	$-282.86K	$-280.71K	$-278.77K	$31.96M	$38.27M	$26.25M
High Forecast	$-1.89M	$-1.85M	$-1.81M	$-1.76M	$-1.72M	$-1.69M	$-1.66M	$54.45M	$-1.54M	$-1.54M	$-1.48M	$43.04M	$277.26M	$-242.69K	$-242.51K	$34.02M	$-282.58K	$-275.95K	$-278.50K	$39.42M	$-272.94K	$-292.12K	$-287.20K	$-125.59M	$-282.86K	$-280.71K	$-278.77K	$38.36M	$45.92M	$31.50M
Low Forecast	$-1.89M	$-1.85M	$-1.81M	$-1.76M	$-1.72M	$-1.69M	$-1.66M	$36.30M	$-1.54M	$-1.54M	$-1.48M	$28.69M	$184.84M	$-242.69K	$-242.51K	$22.68M	$-282.58K	$-275.95K	$-278.50K	$26.28M	$-272.94K	$-292.12K	$-287.20K	$-188.38M	$-282.86K	$-280.71K	$-278.77K	$25.57M	$30.62M	$21.00M
Surprise %	-	-	-	-	-	-	-	-	-	-5.44%	48.64%	0.10%	0.10%	106.16%	47.51%	1.31%	-264.61%	43.19%	-69.71%	0.74%	43.52%	183.27%	-20.61%	0.66%	76.87%	10.37%	11.19%	1.75%	1.26%	1.00%

1 analysts predict UFCS's average Quarter EBITDA for Dec 23 to be $-1.54M, with a high of $-1.54M and a low of $-1.54M. This is -118.40% lower than United Fire Group's previous annual EBITDA (Sep 23) of $8.38M.

United Fire Group Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
Net Income	-	-	-	-	-	-	-	-	$19.61M	$6.38M	$-56.38M	$694.00K	$20.12M	$-22.98M	$-10.46M	$28.35M	$57.73M	$-9.59M	$13.75M	$18.70M	$-8.89M	$-37.24M	$5.96M	$-72.53M	$-23.16M	$-2.34M	$-4.20M	$44.52M	$45.76M	$19.94M
Avg Forecast	$16.07M	$5.96M	$1.30M	$15.55M	$15.88M	$8.53M	$-510.47K	$27.06M	$14.34M	$-110.36K	$-58.78M	$21.39M	$178.40M	$-11.78M	$11.12M	$16.91M	$10.48M	$-933.93K	$-514.54K	$25.25M	$-33.04M	$-33.75M	$-7.21M	$-110.16M	$-16.27M	$-2.23M	$1.42M	$25.48M	$36.39M	$19.94M
High Forecast	$16.07M	$5.96M	$1.30M	$15.55M	$15.88M	$8.53M	$-510.47K	$32.47M	$14.34M	$-110.36K	$-58.78M	$25.67M	$214.08M	$-11.78M	$11.12M	$20.29M	$10.48M	$-933.93K	$-514.54K	$30.30M	$-33.04M	$-33.75M	$-7.21M	$-88.13M	$-16.27M	$-2.23M	$1.42M	$30.58M	$43.66M	$23.92M
Low Forecast	$16.07M	$5.96M	$1.30M	$15.55M	$15.88M	$8.53M	$-510.47K	$21.65M	$14.34M	$-110.36K	$-58.78M	$17.11M	$142.72M	$-11.78M	$11.12M	$13.53M	$10.48M	$-933.93K	$-514.54K	$20.20M	$-33.04M	$-33.75M	$-7.21M	$-132.19M	$-16.27M	$-2.23M	$1.42M	$20.39M	$29.11M	$15.95M
Surprise %	-	-	-	-	-	-	-	-	1.37%	-57.81%	0.96%	0.03%	0.11%	1.95%	-0.94%	1.68%	5.51%	10.27%	-26.72%	0.74%	0.27%	1.10%	-0.83%	0.66%	1.42%	1.05%	-2.96%	1.75%	1.26%	1.00%

United Fire Group's average Quarter net income forecast for Mar 24 is $27.06M, with a range of $21.65M to $32.47M. UFCS's average Quarter net income forecast represents a 38.00% increase compared to the company's last Quarter net income of $19.61M (Dec 23).

United Fire Group SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$65.01M	$63.65M	$62.16M	$60.54M	$59.11M	$57.87M	$57.01M	$53.48M	$52.88M	$52.86M	$50.95M	$49.35M	$48.65M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
High Forecast	$65.01M	$63.65M	$62.16M	$60.54M	$59.11M	$57.87M	$57.01M	$53.48M	$52.88M	$52.86M	$50.95M	$49.35M	$48.65M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Low Forecast	$65.01M	$63.65M	$62.16M	$60.54M	$59.11M	$57.87M	$57.01M	$53.48M	$52.88M	$52.86M	$50.95M	$49.35M	$48.65M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

United Fire Group's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to UFCS last annual SG&A of $NaN (undefined).

United Fire Group EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
EPS	-	-	-	-	-	-	-	-	-	$0.25	$-2.23	$0.03	$0.80	$-0.91	$-0.42	$1.13	$2.30	$-0.38	$0.55	$0.75	$-0.35	$-1.49	$0.24	$-2.90	$-0.93	$-0.09	$-0.17	$1.77	$1.84	$0.78
Avg Forecast	$0.62	$0.23	$0.05	$0.60	$0.61	$0.33	$-0.02	$0.47	$0.55	$-0.00	$-2.27	$0.57	$0.55	$-0.47	$0.44	$0.84	$0.41	$-0.04	$-0.02	$-0.32	$-1.31	$-1.33	$-0.28	$0.12	$-0.64	$-0.09	$0.06	$0.53	$0.66	$0.67
High Forecast	$0.62	$0.23	$0.05	$0.60	$0.61	$0.33	$-0.02	$0.47	$0.55	$-0.00	$-2.27	$0.57	$0.55	$-0.47	$0.44	$0.84	$0.41	$-0.04	$-0.02	$-0.32	$-1.31	$-1.33	$-0.28	$0.12	$-0.64	$-0.09	$0.06	$0.53	$0.79	$0.80
Low Forecast	$0.62	$0.23	$0.05	$0.60	$0.61	$0.33	$-0.02	$0.47	$0.55	$-0.00	$-2.27	$0.57	$0.55	$-0.47	$0.44	$0.84	$0.41	$-0.04	$-0.02	$-0.32	$-1.31	$-1.33	$-0.28	$0.12	$-0.64	$-0.09	$0.06	$0.53	$0.53	$0.54
Surprise %	-	-	-	-	-	-	-	-	-	-58.70%	0.98%	0.05%	1.44%	1.95%	-0.96%	1.35%	5.55%	10.30%	-27.06%	-2.36%	0.27%	1.12%	-0.84%	-24.91%	1.44%	1.02%	-3.04%	3.36%	2.79%	1.16%

According to 1 Wall Street analysts, United Fire Group's projected average Quarter EPS for Dec 23 is $0.55, with a low estimate of $0.55 and a high estimate of $0.55. This represents a 121.36% increase compared to UFCS previous annual EPS of $0.25 (Sep 23).

United Fire Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
WRB	W. R. Berkley	$60.83	$67.15	10.39%	Buy
SIGI	Selective Insurance Group	$98.08	$97.40	-0.69%	Buy
RLI	RLI	$175.40	$170.50	-2.79%	Buy
HMN	Horace Mann Educators	$40.61	$38.50	-5.20%	Strong Buy
UFCS	United Fire Group	$27.43	$26.00	-5.21%	Hold
MKL	Markel	$1.71K	$1.56K	-8.67%	Buy
CINF	Cincinnati Financial	$152.13	$130.20	-14.42%	Buy
SKWD	Skyward Specialty Insurance Group	$50.60	$37.33	-26.23%	Buy

UFCS Forecast FAQ

Is United Fire Group a good buy?

No, according to 1 Wall Street analysts, United Fire Group (UFCS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of UFCS's total ratings.

What is UFCS's price target?

United Fire Group (UFCS) average price target is $26 with a range of $26 to $26, implying a -5.21% from its last price of $27.43. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will United Fire Group stock go up soon?

According to Wall Street analysts' prediction for UFCS stock, the company can go down by -5.21% (from the last price of $27.43 to the average price target of $26), down by -5.21% based on the highest stock price target, and down by -5.21% based on the lowest stock price target.

Can United Fire Group stock reach $40?

UFCS's average twelve months analyst stock price target of $26 does not support the claim that United Fire Group can reach $40 in the near future.

What is United Fire Group's current price target trend?

1 Wall Street analyst forecast a $26 price target for United Fire Group (UFCS) this month, down -5.21% from its last price of $27.43. Compared to the last 3 and 12 months, the average price target decreased by -5.21% and decreased by -5.21%, respectively.

What are United Fire Group's analysts' financial forecasts?

United Fire Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.13B (high $1.13B, low $1.13B), average EBITDA is $40.3M (high $49.38M, low $31.23M), average net income is $50.96M (high $56.38M, low $45.55M), average SG&A $227.47M (high $227.47M, low $227.47M), and average EPS is $1.4 (high $1.4, low $1.4). UFCS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.25B (high $1.25B, low $1.25B), average EBITDA is $-7.325M (high $-7.325M, low $-7.325M), average net income is $38.87M (high $38.87M, low $38.87M), average SG&A $251.36M (high $251.36M, low $251.36M), and average EPS is $1.5 (high $1.5, low $1.5).

Did the UFCS's actual financial results beat the analysts' financial forecasts?

Based on United Fire Group's last annual report (Dec 2023), the company's revenue was $1.1B, beating the average analysts forecast of $1.03B by 6.61%. Apple's EBITDA was $0, missing the average prediction of $31.3M by -100.00%. The company's net income was $-29.7M, beating the average estimation of $-23.155M by 28.27%. Apple's SG&A was $0, missing the average forecast of $206.04M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $-1.154 by -100.00%. In terms of the last quarterly report (Dec 2023), United Fire Group's revenue was $287.32M, beating the average analysts' forecast of $263.7M by 8.96%. The company's EBITDA was $0, missing the average prediction of $-1.541M by -100.00%. United Fire Group's net income was $19.61M, beating the average estimation of $14.34M by 36.74%. The company's SG&A was $0, missing the average forecast of $52.88M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $0.553 by -100.00%